El Seguro de Desempleo del Instituto Ecuatoriano de Seguridad Social: beneficiarios y perspectivas

Abstract

Unemployment insurance is intended to reduce the impact of decreased income due to the loss of an individual's job. This type of insurance, being a counter-cyclical economic policy mechanism, as long as it does not discourage job search and reintegration into the labor market, benefits both the individual who requests it and the country's economy. In this sense, the present study aims to determine the sociodemographic characteristics of people who demand some type of unemployment benefit in Ecuador. For this, a logit model and a multinomial logit are estimated from the database of members who have the right to request unemployment benefits, provided by the National Directorate of Third-Party Funds and Unemployment Insurance (DNFTSD) of the Ecuadorian Institute of Social Security from January 2016 - September 2019. The results suggest that the probability that affiliates access unemployment benefits decreases in those with a higher education level, while this probability increases in those affiliated with a married marital status, and those who have worked in the public sector.